Churchill Long Term Investments vs Net Working Capital Analysis

CHDN Stock

USD 122.11 0.98 0.80%

Churchill Downs financial indicator trend analysis is way more than just evaluating Churchill Downs prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Churchill Downs is a good investment. Please check the relationship between Churchill Downs Long Term Investments and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Long Term Investments vs Net Working Capital

Long Term Investments vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Churchill Downs Long Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Churchill Downs' Long Term Investments and Net Working Capital is -0.08. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Churchill Downs Incorporated, assuming nothing else is changed. The correlation between historical values of Churchill Downs' Long Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Churchill Downs Incorporated are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Investments i.e., Churchill Downs' Long Term Investments and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Churchill Downs balance sheet that represents investments Churchill Downs intends to hold for over a year. Churchill Downs Incorporated long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Working Capital

Most indicators from Churchill Downs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Churchill Downs current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

At this time, Churchill Downs' Selling General Administrative is very stable compared to the past year. As of the 18th of February 2025, Tax Provision is likely to grow to about 174.5 M, though Discontinued Operations is likely to grow to (104.2 M).

	2022	2023	2024	2025 (projected)
Gross Profit	566.4M	795.7M	915.1M	960.8M
Total Revenue	1.8B	2.5B	2.8B	3.0B

Gross Profit Total Revenue

Churchill Downs fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Inventory	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.99	0.88	0.91	0.71	0.99	0.99	0.89	0.97	0.6	1.0	-0.03	0.6	0.84	-0.15	0.99	0.94	-0.34	1.0	0.98	0.84	0.29	0.74	0.98	-0.52	-0.51
Short Long Term Debt Total	0.99		0.85	0.86	0.63	0.98	1.0	0.84	0.97	0.62	0.99	-0.04	0.62	0.79	-0.25	1.0	0.95	-0.36	1.0	0.99	0.82	0.28	0.72	0.98	-0.57	-0.57
Other Current Liab	0.88	0.85		0.95	0.63	0.84	0.85	0.82	0.81	0.53	0.88	0.1	0.53	0.81	-0.03	0.86	0.88	-0.3	0.88	0.82	0.79	0.16	0.68	0.81	-0.57	-0.57
Total Current Liabilities	0.91	0.86	0.95		0.77	0.87	0.86	0.89	0.87	0.51	0.9	0.06	0.51	0.85	0.11	0.86	0.88	-0.24	0.89	0.85	0.79	0.41	0.7	0.86	-0.42	-0.41
Total Stockholder Equity	0.71	0.63	0.63	0.77		0.71	0.64	0.9	0.72	0.2	0.71	0.06	0.2	0.73	0.5	0.63	0.56	0.07	0.66	0.66	0.55	0.42	0.65	0.69	0.05	0.06
Property Plant And Equipment Net	0.99	0.98	0.84	0.87	0.71		0.98	0.88	0.98	0.6	0.99	-0.1	0.6	0.79	-0.17	0.98	0.93	-0.33	0.98	0.99	0.81	0.34	0.72	0.97	-0.5	-0.49
Net Debt	0.99	1.0	0.85	0.86	0.64	0.98		0.84	0.97	0.6	0.99	-0.04	0.6	0.78	-0.25	1.0	0.94	-0.35	1.0	0.99	0.81	0.29	0.72	0.98	-0.57	-0.56
Retained Earnings	0.89	0.84	0.82	0.89	0.9	0.88	0.84		0.86	0.42	0.89	0.13	0.42	0.81	0.15	0.84	0.77	-0.1	0.86	0.84	0.73	0.31	0.76	0.84	-0.39	-0.38
Accounts Payable	0.97	0.97	0.81	0.87	0.72	0.98	0.97	0.86		0.6	0.97	-0.06	0.6	0.81	-0.11	0.97	0.93	-0.27	0.97	0.98	0.82	0.41	0.77	0.96	-0.44	-0.43
Cash	0.6	0.62	0.53	0.51	0.2	0.6	0.6	0.42	0.6		0.58	-0.1	1.0	0.61	-0.23	0.63	0.71	-0.41	0.63	0.66	0.89	0.04	0.49	0.51	-0.55	-0.55
Non Current Assets Total	1.0	0.99	0.88	0.9	0.71	0.99	0.99	0.89	0.97	0.58		-0.03	0.58	0.83	-0.15	0.99	0.94	-0.34	1.0	0.98	0.82	0.3	0.73	0.98	-0.51	-0.51
Non Currrent Assets Other	-0.03	-0.04	0.1	0.06	0.06	-0.1	-0.04	0.13	-0.06	-0.1	-0.03		-0.1	0.09	0.13	-0.05	-0.13	0.76	-0.04	-0.09	0.05	-0.09	0.51	-0.11	-0.21	-0.21
Cash And Short Term Investments	0.6	0.62	0.53	0.51	0.2	0.6	0.6	0.42	0.6	1.0	0.58	-0.1		0.61	-0.23	0.63	0.71	-0.41	0.63	0.66	0.89	0.04	0.49	0.51	-0.55	-0.55
Net Receivables	0.84	0.79	0.81	0.85	0.73	0.79	0.78	0.81	0.81	0.61	0.83	0.09	0.61		0.19	0.8	0.85	-0.23	0.82	0.79	0.89	0.18	0.75	0.75	-0.32	-0.31
Common Stock Shares Outstanding	-0.15	-0.25	-0.03	0.11	0.5	-0.17	-0.25	0.15	-0.11	-0.23	-0.15	0.13	-0.23	0.19		-0.24	-0.22	0.43	-0.21	-0.21	-0.04	0.18	0.14	-0.18	0.65	0.65
Non Current Liabilities Total	0.99	1.0	0.86	0.86	0.63	0.98	1.0	0.84	0.97	0.63	0.99	-0.05	0.63	0.8	-0.24		0.95	-0.38	1.0	0.98	0.83	0.25	0.72	0.97	-0.57	-0.56
Other Current Assets	0.94	0.95	0.88	0.88	0.56	0.93	0.94	0.77	0.93	0.71	0.94	-0.13	0.71	0.85	-0.22	0.95		-0.46	0.95	0.95	0.88	0.25	0.65	0.9	-0.57	-0.56
Other Stockholder Equity	-0.34	-0.36	-0.3	-0.24	0.07	-0.33	-0.35	-0.1	-0.27	-0.41	-0.34	0.76	-0.41	-0.23	0.43	-0.38	-0.46		-0.37	-0.35	-0.31	0.1	0.28	-0.37	0.34	0.34
Total Liab	1.0	1.0	0.88	0.89	0.66	0.98	1.0	0.86	0.97	0.63	1.0	-0.04	0.63	0.82	-0.21	1.0	0.95	-0.37		0.98	0.84	0.27	0.72	0.97	-0.56	-0.55
Property Plant And Equipment Gross	0.98	0.99	0.82	0.85	0.66	0.99	0.99	0.84	0.98	0.66	0.98	-0.09	0.66	0.79	-0.21	0.98	0.95	-0.35	0.98		0.84	0.34	0.72	0.97	-0.5	-0.5
Total Current Assets	0.84	0.82	0.79	0.79	0.55	0.81	0.81	0.73	0.82	0.89	0.82	0.05	0.89	0.89	-0.04	0.83	0.88	-0.31	0.84	0.84		0.15	0.75	0.73	-0.54	-0.53
Short Term Debt	0.29	0.28	0.16	0.41	0.42	0.34	0.29	0.31	0.41	0.04	0.3	-0.09	0.04	0.18	0.18	0.25	0.25	0.1	0.27	0.34	0.15		0.24	0.34	0.19	0.2
Inventory	0.74	0.72	0.68	0.7	0.65	0.72	0.72	0.76	0.77	0.49	0.73	0.51	0.49	0.75	0.14	0.72	0.65	0.28	0.72	0.72	0.75	0.24		0.64	-0.4	-0.4
Intangible Assets	0.98	0.98	0.81	0.86	0.69	0.97	0.98	0.84	0.96	0.51	0.98	-0.11	0.51	0.75	-0.18	0.97	0.9	-0.37	0.97	0.97	0.73	0.34	0.64		-0.43	-0.43
Common Stock Total Equity	-0.52	-0.57	-0.57	-0.42	0.05	-0.5	-0.57	-0.39	-0.44	-0.55	-0.51	-0.21	-0.55	-0.32	0.65	-0.57	-0.57	0.34	-0.56	-0.5	-0.54	0.19	-0.4	-0.43		1.0
Common Stock	-0.51	-0.57	-0.57	-0.41	0.06	-0.49	-0.56	-0.38	-0.43	-0.55	-0.51	-0.21	-0.55	-0.31	0.65	-0.56	-0.56	0.34	-0.55	-0.5	-0.53	0.2	-0.4	-0.43	1.0

Click cells to compare fundamentals

Churchill Downs Account Relationship Matchups

Churchill Downs fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.7B	3.0B	6.2B	7.0B	8.0B	8.4B
Short Long Term Debt Total	1.6B	2.0B	4.6B	4.8B	5.6B	5.8B
Other Current Liab	349.5M	257.8M	388M	456.1M	524.5M	550.7M
Total Current Liabilities	424.2M	395M	621.6M	755.8M	869.2M	912.6M
Total Stockholder Equity	367.1M	306.8M	551.5M	893.6M	1.0B	1.1B
Property Plant And Equipment Net	1.1B	994.9M	2.0B	2.6B	2.9B	3.1B
Net Debt	1.6B	1.7B	4.5B	4.7B	5.4B	5.7B
Retained Earnings	349.8M	307.7M	552.4M	894.5M	1.0B	1.1B
Accounts Payable	70.7M	81.6M	145.5M	158.5M	182.3M	191.4M
Cash	67.4M	291.3M	129.8M	144.5M	166.2M	174.5M
Non Current Assets Total	2.5B	2.5B	5.9B	6.6B	7.5B	7.9B
Non Currrent Assets Other	(39.6M)	74.2M	54.8M	19.3M	22.2M	38.6M
Cash And Short Term Investments	67.4M	291.3M	129.8M	144.5M	166.2M	174.5M
Net Receivables	85.9M	108.3M	95.5M	119.5M	137.4M	144.3M
Common Stock Shares Outstanding	79.2M	78.4M	77M	76.1M	87.5M	86.0M
Liabilities And Stockholders Equity	2.7B	3.0B	6.2B	7.0B	8.0B	8.4B
Non Current Liabilities Total	1.9B	2.3B	5.0B	5.3B	6.1B	6.4B
Other Current Assets	81.8M	101.9M	119.2M	136.8M	157.3M	165.2M
Total Liab	2.3B	2.7B	5.7B	6.1B	7.0B	7.3B
Property Plant And Equipment Gross	1.1B	1.7B	2.8B	3.5B	4.1B	4.3B
Total Current Assets	235.1M	501.5M	344.5M	400.8M	460.9M	484.0M
Inventory	53.6M	64.3M	74.9M	77.3M	88.9M	93.3M
Intangible Assets	350.6M	348.1M	2.4B	2.4B	2.8B	2.9B
Other Liab	247.7M	276.8M	286.5M	433.8M	498.9M	523.8M
Long Term Debt	1.1B	1.3B	2.5B	4.8B	5.5B	5.8B
Property Plant Equipment	912.5M	1.1B	994.9M	2.0B	2.3B	2.4B
Current Deferred Revenue	32.8M	47.7M	39M	73.2M	84.2M	62.5M
Other Assets	21.1M	653M	106.7M	109M	125.4M	146.6M
Net Tangible Assets	(228.6M)	(350.3M)	(408.1M)	(2.6B)	(2.3B)	(2.2B)
Retained Earnings Total Equity	509.2M	349.8M	307.7M	552.4M	635.3M	496.9M
Long Term Debt Total	1.1B	1.1B	1.3B	2.5B	2.8B	3.0B
Deferred Long Term Liab	212.8M	213.9M	252.9M	340.8M	391.9M	411.5M
Non Current Liabilities Other	593.4M	734.5M	2.2B	137.8M	158.5M	150.5M

When determining whether Churchill Downs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:

How To Invest In Churchill

Details

Is Churchill Stock a good investment?

Details

What is Churchill Downs' Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

View

Largest Consumer Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.089

Dividend Share

0.382

Earnings Share

5.53

Revenue Per Share

35.989

Quarterly Revenue Growth

0.098

The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Churchill Long Term Investments vs Net Working Capital Analysis

Long Term Investments vs Net Working Capital

Long Term Investments vs Net Working Capital Correlation Analysis

Correlation Coefficient

Long Term Investments

Net Working Capital

Churchill Downs fundamental ratios Correlations

Churchill Downs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Churchill Downs fundamental ratios Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt

Common Stock Total Equity	- 0.57	Other Current Assets
Common Stock Total Equity	- 0.57	Non Current Liabilities Total
Common Stock Total Equity	- 0.57	Net Debt
Common Stock	- 0.57	Other Current Liab
Common Stock Total Equity	- 0.57	Other Current Liab
Common Stock	- 0.57	Short Long Term Debt Total